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INVESTMENT FUNDS

Structured access
to the Maldivian economy.

Rausmal manages regulated investment funds that give investors diversified,
professionally managed exposure to the Maldivian economy. Fund mandates vary —
some meet Shariah requirements, and this is clearly disclosed for each fund.
Home › Investment Funds
OUR FUNDS

Available investment funds.

Investment in funds carries risk, including possible loss of the amount invested. Past performance does not guarantee future returns. Each fund has a defined mandate, risk profile, and investment horizon. Please read the fund documents before investing.

● Shariah Compliant

Rausmal Investment Fund

Multi-segment · Balanced growth
AUM
MVR 28.4M
Active
1 YR RETURN
+11.2%
vs 7.1% benchmark
TARGET RETURN
10–14%
p.a. net of fees
MIN. INVESTMENT
MVR 50K
USD accepted
View fund details →
● Coming Soon

Income Fund

Fixed income · Capital preservation
A fixed-income focused fund for investors seeking stable, lower-risk returns. Currently in development.
Coming soon
● Coming Soon

Growth Equity Fund

Equity-focused · Long-term growth
An equity-focused fund targeting growth companies in the Maldivian and regional markets. In development.
Coming soon
RAUSMAL INVESTMENT FUND

Fund Overview

AUM
MVR 28.4M

As of Apr 2026

1-YEAR RETURN
+11.2%
Benchmark: +7.1%
TARGET RETURN
10–14%
Annualised, net of fees
RISK PROFILE
Moderate
Balanced growth mandate
HORIZON
3–5 Years
Medium to long term
MIN. INVESTMENT
MVR 50,000
Or equivalent in USD
DISTRIBUTIONS
Semi-annual
Twice yearly
SHARIAH STATUS
Compliant
✓ Independently certified

Investment Strategy

The Rausmal Investment Fund pursues a diversified strategy across three segments — fixed-income instruments, equity participations in Maldivian and selected international markets, and targeted development projects. The fund is managed with a medium-to-long-term horizon, with a focus on capital preservation alongside growth. All holdings in this fund are independently certified as Shariah-compliant.
• Diversification across debt, equity, and real-asset projects
• Active management with quarterly rebalancing
• Focus on the Maldivian economy with selective international exposure
• Conservative liquidity management — minimum 10% cash buffer
• Audited financials and quarterly fund reports
FUND MANAGER
Rausmal Corporation Pvt Ltd
CMDA Investment Adviser
SHARIAH ADVISER
Uz. Azmeen Rasheed
Independent committee oversight
FUND CURRENCY
MVR (Rufiyaa)
USD subscriptions accepted
REPORTING
Daily via Investor Portal
Quarterly fund reports issued
FUND STRUCTURE

Portfolio segments.

The fund allocates capital across three distinct segments. Allocations are adjusted within defined limits based on market conditions.
SEGMENT 01 — DEBT

Debt Component

Fixed-income instruments providing stable, recurring returns. Sukuk and T-bills are the primary instruments in this segment.
• Sukuk — Ijara, Murabaha, Musharaka
• Government T-bills (Maldives)
• Islamic money market instruments
• Target allocation: 40–50%
SEGMENT 02 — EQUITY

Equity Component

Growth-oriented exposure through screened ownership stakes in listed and unlisted Maldivian businesses.
• MSE-listed screened equities
• Private equity participations
• Tourism, fisheries and real estate
• Target allocation: 30–40%
SEGMENT 03 — PROJECTS

Development Projects

Targeted investments in individually selected projects with defined return profiles and exit strategies.
• Resort and hospitality development
• Real estate and infrastructure
• Renewable energy initiatives
• Target allocation: 15–25%
PERFORMANCE

Historical returns.

Past performance is not a guarantee of future returns. All figures are net of management fees.
PeriodFund ReturnBenchmarkAlphaDistributions
April 2026 (YTD)+8.3%+4.9%+3.4%MVR 198K
Full Year 2025+11.2%+7.1%+4.1%MVR 380K
Full Year 2024+9.6%+6.4%+3.2%MVR 310K
Since Inception+22.4%+14.8%+7.6%MVR 888K
Investor Tools

Return calculator.

Estimate your potential returns based on your investment amount and duration. Results are indicative only and do not guarantee future performance.

Inputs
8%16%
1 year10 years
Projected Value
MVR 702,464
After 3 years at 12.0% p.a.
PrincipalMVR 500,000
Estimated profit+ MVR 202,464
Total growth+40.5%
Annual rate12.0% p.a.

These projections are for illustrative purposes only. Actual returns may be higher or lower. Investment in funds carries risk including possible loss of principal.

COMMON QUESTIONS

FAQ.

Contact us directly and we will guide you through the subscription process. You will need to complete a Know Your Customer (KYC) process, review and sign the fund subscription documents, and transfer your investment. Minimum investment is MVR 50,000.

The minimum investment in the Rausmal Investment Fund is MVR 50,000. We also accept USD-equivalent subscriptions.

The Rausmal Investment Fund is Shariah-compliant. All holdings are independently reviewed and certified by our Shariah Adviser, Uz. Azmeen Rasheed. Shariah certificates are accessible via the investor portal.

The fund has a recommended investment horizon of 3–5 years. Redemptions are subject to the terms of the fund documents, including applicable notice periods and liquidity conditions.

The fund distributes income to investors on a semi-annual basis — twice yearly. Distributions are credited directly to your registered bank account and reflected in your investor portal.

Management fees are detailed in the fund prospectus. All stated returns and targets in this website are net of management fees.

INVEST WITH US

Ready to start investing?

Contact us to learn more, request fund documents, or begin the subscription process.
Contact us
Investor portal
CMDA-licensed Principal Adviser and Investment Adviser. Maldives-based, Shariah-compliant capital markets advisory and fund management.
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Company

  • About
  • Services
  • Investment Fund
  • Insights

Services

  • Sukuk Advisory
  • Capital Markets Advisory
  • M&A Advisory
  • Strategic Consulting

Contact

  • Email: info@rausmal.mv
  • Phone: +960 7976332
  • Location: Rausmal Corporation Pvt Ltd Malé', Republic of Maldives

© 2026 Rausmal Corporation Pvt Ltd. CMDA Principal Adviser & Investment Adviser. This website is for informational purposes only and does not constitute an offer to invest or solicitation of any kind. Past performance is not indicative of future results. All investments carry risk.

AH

Mr. Abdul Hameed Abdul Kareem

CHAIRMAN · CO-FOUNDER
CAPITAL MARKETS
GOVERNMENT
BANKING
DATA ANALYTICS
OVERVIEW

Co-Founder and Chairman of Rausmal Corporation. A seasoned finance professional with expertise spanning banking, capital markets, government, and data science.

BACKGROUND
Hameed’s career began in the Maldivian banking sector, where he built a strong foundation in financial services before spearheading significant reforms at the Maldives Stock Exchange — including easing listing requirements and facilitating the country’s first bond issuance. Serving in the President’s Office under the Maldives’ first democratically elected government, he played a pivotal role in tax reform, privatisation, and fiscal stabilisation during the global financial crisis. He subsequently held data specialist roles at the University of Nottingham Malaysia and the Asia School of Business, and has consulted for government and corporate clients through Strat369 in Malaysia and dSilo, a New York-based AI startup.
ROLE AT RAUSMAL
As Chairman, Hameed brings a rare combination of capital markets reform experience, public sector insight, and analytical rigour — shaping Rausmal’s strategic direction and governance.